The office-bearers of Tata Workers Union signed Tata Code of Conduct at a function organized at General Office today. The ceremony was chaired by Mr. B. Muthuraman, Managing Director, Tata Steel and was attended by Raghunath Pandey, President - Tata Workers Union and other office-bearers the Union. During the function, Mr. B Muthuraman also released the 2008 version of Tata Code of Conduct.

Speaking on the occasion, Mr. B. Muthuraman observed that signing of Tata Code of Conduct by Tata Workers Union is a historical event. He also said that Ethical Conduct has been a hall mark of the Business philosophy of Tatas for 100 years. It is this philosophy of the Company that has ensured sustainable development and the company is being looked upon not only in India but abroad also as an Ethical and Trustworthy Company. The ethical reputation of the Company has enabled the Company to win businesses in different parts of the world. Mr. Muthuraman also expressed his concern at the dilution of the ethical standard in the society and therefore, the adherence of Code of Conduct by Tata Steel and its employees is of paramount importance. He also observed that while the Company is being perceived as very high on ethical conduct, the conduct of employees needs continuous improvement.

Mr. Raghunath Pandey stated that the Tata Workers Union has always been following Tata Code of Conduct since its release initially. The commitment for Tata Code of Conduct by the Union has formalised the commitment. He also asked all employees and the management team to comply with code of conduct.

Mr. Muthuraman also launched the Tata Code of Conduct 2008 version. This has superseded the earlier version announced in 1998. The 2008 version has more Global focus because of the Global footprint of the Company and the Group.